ALLETE, Inc.

ALLETE, Inc.

ALEยทNYSE

$67.90

+0.0000%
UtilitiesDiversified Utilities

ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.

At a Glance

Live Snapshot
Market Cap$3.94B
EPS3.1074
P/E Ratio21.85
Earnings Date02/11/2026
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ALLETE, Inc. Street Expectations Map

ALE ยท NYSE

Wall Street analysts project that ALE stock may decline over the coming 12 months. The consensus 1-year price target stands at 58.00, with estimates ranging from a low of 58.00 to a high of 58.00.

Lowest Target
58.00
-14.58%
Consensus Target
58.00
-14.58%
Highest Target
58.00
-14.58%

The consensus 1-year price target stands at 58.00, with estimates ranging from a low of 58.00 to a high of 58.00.

Analyst Consensus Analysis

Upside Potential

-14.6%

Downside risk. Current price above analyst targets indicates potential overvaluation. Exercise caution and review catalysts.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Risk-Reward Profile

1.00x

Balanced risk-reward. Upside and downside potential relatively symmetric. Suitable for moderate risk tolerance with conviction in thesis.

Analyst Conviction

Low

Bearish or uncertain outlook. Limited upside or poor consensus suggests challenges ahead or fundamental concerns.

Market Sentiment Insight

Consensus overvaluation: Analysts agree the stock is richly valued with limited upside. Consider booking profits or defensive positioning unless you have contrarian conviction in unrecognized catalysts.

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ALLETE, Inc. Forward Estimates of Revenue

ALE ยท NYSE
Latest Revenue
1.53B
FY 2024
Avg Estimate
1.97B
FY 2025
Estimate Range
1.78B - 2.15B
Analyst Spread

Forward Growth Analysis

Projected Growth+28.6%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread19%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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ALLETE, Inc. Forward Estimates of Net Income

ALE ยท NYSE
Latest Net Income
179.30M
FY 2024
Avg Estimate
232.50M
FY 2025
Estimate Range
195.75M - 250.46M
Analyst Spread

Forward Growth Analysis

Projected Growth+29.7%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread24%

Moderate uncertainty in forecastsโ€”typical for companies with evolving business models.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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ALLETE, Inc. Forward Estimates of EPS

ALE ยท NYSE
Latest EPS
3.11
FY 2024
Avg Estimate
$3.86
FY 2025
Estimate Range
$3.39 - $4.33
Analyst Spread

Forward Growth Analysis

Projected Growth+24.2%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread25%

Moderate uncertainty in forecastsโ€”typical for companies with evolving business models.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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ALLETE, Inc. Forward Estimates of EBIT

ALE ยท NYSE
Latest EBIT
208.10M
FY 2024
Avg Estimate
270.76M
FY 2025
Estimate Range
245.22M - 296.30M
Analyst Spread

Forward Growth Analysis

Projected Growth+30.1%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread19%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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ALLETE, Inc. Forward Estimates of EBITDA

ALE ยท NYSE
Latest EBITDA
486.30M
FY 2024
Avg Estimate
593.30M
FY 2025
Estimate Range
537.34M - 649.26M
Analyst Spread

Forward Growth Analysis

Projected Growth+22.0%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

Estimate Spread19%

Reasonable estimate spread indicates general agreement with normal forecast variance.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

Key Insight

Limited coverage with volatile estimates: Few analysts covering despite significant projected changes may indicate information gaps or emerging risks.

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ALLETE, Inc. Forward Estimates of SG&A Expense

ALE ยท NYSE
Latest SG&A Expense
0.00
FY 2024
Avg Estimate
0.00
FY 2025
Estimate Range
0.00 - 0.00
Analyst Spread

Forward Growth Analysis

Analyst Coverage1 Analysts

Limited coverage may indicate reduced institutional interest or information availability.

OutlookCautious

Analyst skepticism evidentโ€”carefully evaluate risks before investment decisions.

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ALLETE, Inc. Insider Positioning

ALE ยท NYSE

During the last 12 months, there has been no insider trading activity reported for ALE.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Neutral

No insider trading activity reported. This could indicate blackout periods, lack of conviction, or regulatory restrictions.

Insider Participation

No Activity

No insider trading activity reported from any insiders in the past year.